Incredible beauty and access to lakes and outdoor lifestyle, great weather, tax breaks in SC, but nobody wants to pay $$$ to live next-door to a dump. 

(As opposed to someone from an area where everything is much newer and we don’t deal with weather.)Keep track of your expenses and watch to see if hopefully they don’t decline after 6-12 months of ownership. 

It’s also a good way to forecast what your future property cash flow will be.This simple spreadsheet by Roofstock provides an easy way to view the potential financial performance of a given property.

In my market, it can take a good month to get a bid, depending on how busy the contractors are, weather, and hunting season.

We grossly underestimated the weather here, even though I grew up in northern Michigan.

I’ve been hearing a lot about  the volatility in the insurance market with rising insurance premiums, weather, etc.

Analyze the cash flow, be generous with repair & maintenance estimates, and make sure you can weather rent fluctuations-emergencies-vacancies for both the long and short run.

No electric probably means no heat (blower or igniter) for both units.You may only have 90 or so more days until you start to get freezing temperatures.If your repair is going to be a while, you might want to consider weatherizing the water system by draining it.Also if you used LVT, read the materials that came with it.The one's I have seen have a temperature range to keep it at, and the ones I have seen out of that range have wrinkled to some extent.

If you can weather that storm, dividends will pay off.

I was wondering if there was anyone out there that could help me forecasting numbers.